SEQUIM ELKS LODGE 2642

EIN: 911181973

SEQUIM, WA

Total Revenue
$397,777
Total Expenses
$294,721
Total Assets
$997,733
Net Assets
$930,692
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
WA
Principal Officer
Klayton Waldron
Phone
3606832763
Tax Period
2024-04-01 to 2025-03-31

SEQUIM ELKS LODGE 2642, founded in 1970, is a small nonprofit that reported $398K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $103K, a strong 26% operating margin.

Mission

FRATERNAL - CIVIC SERVICES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $169,134
Program Service Revenue $0
Investment Income $1,240
Other Revenue $227,403
TOTAL REVENUE $397,777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,305
Fundraising Expenses $85,079
Other Expenses $239,416
TOTAL EXPENSES $294,721

Year-over-Year Comparison

2024 2023 Change
Revenue $397,777 $265,036 +0.5%
Expenses $294,721 $228,204 +0.3%
Net Income $103,056 $36,832 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
N/A
Employees
10
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elroy Panoke 4 Year Trustee 0.00
Director
$0 $0 $0
Bill Seabolt Trustee 3.00
Director
$0 $0 $0
Mike Guzman Trustee 3.00
Director
$0 $0 $0
Jamie Blake Trustee 3.00
Director
$0 $0 $0
Charlie Johnson Trustee 3.00
Director
$0 $0 $0
Klayton Waldron Exalted Ruler 10.00
Officer
$0 $0 $0
Bryan Smolinsky Leading Knight 2.00
Officer
$0 $0 $0
Magan Waldron Loyal Knight 2.00
Officer
$0 $0 $0
Jim Headley Lecturing Knigh 2.00
Officer
$0 $0 $0
Brooke Guzman Secretary 10.00
Officer
$0 $0 $0
Crystal Parker Treasurer 10.00
Officer
$0 $0 $0
Gene Matson Tiler 3.00
Officer
$0 $0 $0
Doug Mertz ESQUIRE 3.00
Officer
$0 $0 $0
Cyndee Rayburn Smith Chaplain 3.00
Officer
$0 $0 $0
Kim Somlinsky Inner Guard 3.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $397,777 $294,721 $997,733 $103,056
2024 $265,036 $228,204 $894,539 $36,832
2023 $339,653 $252,057 $847,081 $87,596
2022 $234,741 $168,927 $747,996 $65,814
2021 $125,835 $139,956 $681,527 $-14,121
2020 $334,867 $265,718 $707,469 $69,149
2019 $364,011 $241,192 $628,211 $122,819
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